Bitwise XRP ETF (XRP) Expected Move

Tracking the XRP expected move helps you see how far Bitwise XRP ETF's options market is pricing the stock to travel over a given period — whether that's the next day, week, or earnings cycle. Bitwise XRP ETF's expected move is derived directly from option premiums and gives you an objective range to plan trades, set strikes, and manage risk. Use our scanner to monitor the XRP expected move for this week's options, in real time.

The expected move is typically calculated from at-the-money straddle prices (or a blend of straddles and strangles) and represents roughly a one-standard-deviation range over the chosen timeframe. For XRP, comparing the implied expected move to actual realized moves over similar windows tells you whether the options market has historically overestimated or underestimated volatility. The XRP expected move for this week's options pricing is especially useful for short-dated traders, earnings players, and anyone selling premium who needs to know where the market thinks Bitwise XRP ETF is unlikely to go.

The fund is managed passively to offer exposure to XRP through an ETF structure. Holdings are priced based on the CME CF XRP Dollar Reference Rate New York Variant. This is a once-a-day, USD-denominated benchmark index price for XRP, calculated at 4:00 PM Eastern Time (ET). The reference rate is determined by aggregating the executed trade flows from major XRP trading platforms. Additionally, an Indicative Trust Value (ITV) based on the CME XRP Real-Time Price will be published per share every 15 seconds during regular exchange hours, which are from 9:30 AM to 4:00 PM ET. XRP can be used to pay for goods and services or be converted to fiat currencies.

However, its primary function is transactional utility and not a store of value. The XRP Ledger and XRP aim to improve the speed of transactions, while also reducing the fees and delays associated with the traditional methods of interbank payments.

Iron condors, weekly premium sales, directional swing trades — they all live or die by where the market thinks the stock won't go. Our scanner tracks the XRP expected move across every expiration, benchmarks it against realized moves, and shows you when implied ranges are out of line with history. The Bitwise XRP ETF expected move for this week's options is the fastest read on short-term risk, which gives you a quick way to interpret what the options market thinks about XRP.